"we are an application that helps people to buy and sell Bitcoin directly with each other, without any intermediaries, without KYC. Vexl works without custody, so peer-to-peer, but what's most important is that it is always within your own community, meaning we are not a global marketplace. We are basically a peer-to-peer notice board where you can connect with your first and second level degree of connections."
"The app facilitates buying and selling Bitcoin without intermediaries, emphasizing in-person meetings for cash exchanges while also supporting fiat transfers arranged privately between users. At its core, Vexl prioritizes privacy, functioning as a high-trust notice board within your personal social network, rather than an exchange. It does not escrow Bitcoin or fiat, it does not hold user funds, nor store balances, messages, or personal data. All communications occur via end-to-end encrypted chats, and trades happen off-app, placing responsibility on users to verify counterparts."
Vexl enables direct, non-custodial peer-to-peer Bitcoin trades within personal social networks, avoiding KYC and custody of funds. The platform does not store balances, messages, or personal data and routes all communications through end-to-end encrypted chats. Trades occur off-app, leaving verification and settlement responsibility to participants. User connections are built from imported phone contacts to form a localized order book visible only to first- and second-degree contacts, increasing trust and reducing exposure to strangers. The app emphasizes in-person cash meetings while also supporting privately arranged fiat transfers to support local Bitcoin acquisition and economic activity.
Read at Bitcoin Magazine
Unable to calculate read time
Collection
[
|
...
]